Three advisers managing $366 million at Voya Financial Advisors in Texas and Wisconsin have formed the Altus Consulting Group and affiliated with Royal Alliance Associates, a unit of Advisor Group, where they have become an office of supervisory jurisdiction.
The Altus advisers are Teresa O’Connor of Spring, Texas; Greg Buchanan of Houston; and Mike Aschberger of Franklin, Wisconsin.
The group was founded in 2014 by O’Connor and has three employees.
New Escalent research finds younger, more diverse DC plan participants are open to rollovers - but increasingly prefer outside firms.
UBS finds millionaire investors are more optimistic than before 2024 but are actively repositioning portfolios ahead of November 3.
Auto-enrollment has landed for 60 million children, but Baird planning director says key questions on rollovers and Roth conversions remain open.
MyComplianceOffice's AI-assisted surveillance links employee chats on Slack and Telegram with prediction market trades as Wall Street tightens rules
Elsewhere, Raymond James absorbs a family-run practice from Commonwealth into its independent channel, while RBC welcomes a father-son tandem formerly from UBS.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor
